Global Electro Pneumatic Train Brakes Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 9,050.00 Million |
Market Size (Forecast Year) |
USD 12,870.01 Million |
CAGR |
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Major Markets Players |
Global Electro Pneumatic Train Brakes Market, By Brake Type (Self-Lapping Brakes, Retardation Controllers, Variable Load Control, P-Wire Control), Application (Passenger Trains, Freight Trains, Metro Trains, High Speed Trains, and Others) - Industry Trends and Forecast to 2030.
Electro Pneumatic Train Brakes Market Analysis and Size
The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. The market involves manufacturers, suppliers, and service providers contributing to the development and maintenance of these advanced braking solutions, An increase in passenger density, as urbanization and government investment to expand rail network drives the demand for efficient and safe train transportation and more reliable train operations on a global scale and result in increasing and growth of the global electro pneumatic train brakes market. Higher development of public transportation will increase the demand and result into growth in global demand and supply chain of the respective market.
Data Bridge Market Research analyses that the global electro pneumatic train brakes market which was USD 9,050.00 million in 2022, is expected to reach USD 12,870.01 million by 2030, and is expected to undergo a CAGR of 4.50% during the forecast period of 2023 to 2030. “Passenger trains” dominate the application segment of the global electro pneumatic train brakes market due to the rising passenger density and globalization across regions which is expected to stimulate demand of the global electro pneumatic train brakes market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Electro Pneumatic Train Brakes Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Brake Type (Self-Lapping Brakes, Retardation Controllers, Variable Load Control, and P-Wire Control), Application (Passenger Trains, Freight Trains, Metro Trains, High Speed Trains, and Others) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of Middle East and Africa |
Market Players Covered |
DAKO-CZ, a.s. (Czech Republic), JSC MTZ TRANSMASH (Russia), Wabtec Corporation (U.S.), Nabtesco Corporation (Japan), AKEBONO BRAKE INDUSTRY CO., LTD. (Japan), Escorts Limited (India), Parker Hannifin Corporation (U.S.), Voith GmbH & Co. KGaA (Germany), Schaltbau GmbH (Germany), Thales Group (Paris) , SIM RAIL GmbH (Germany) ,Uflow Automation (India), KES GmbH & Co. KG (Germany), AVENTICS GmbH (Germany) and MITSUBISHI HEAVY INDUSTRIES, LTD (Japan) |
Market Opportunities |
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Market Definition
Electro pneumatic train brakes are the type of modern rolling stock braking systems that present better performance when compared to traditional pneumatic brakes. Also these brakes are a part of train security systems and are thus significant components. They are integrated with electronic and pneumatic components to enhance braking efficiency and control in rail transportation.
Global Electro Pneumatic Train Brakes Market Dynamics
Drivers
- Increase in the Passenger Density
An increase in passenger density, as urbanization and population growth elevate demand for efficient and safe train transportation. The need for advanced braking systems capable of managing higher passenger loads propels the markets growth, fostering innovations to enhance braking performance in densely populated rail networks worldwide.
- Rise in Investment towards the Development of Railway Infrastructure
As nations prioritize efficient and safe rail transportation, the demand for advanced braking systems, such as electro-pneumatic brakes will rise. This trend reflects a growing commitment to enhancing overall rail network performance and safety on a global scale.
Opportunity
- Technical Advancement in Braking Systems
The increasing demand for high speed trains necessitates cutting edge braking technology to enhance safety and efficiency. Electro pneumatic braking systems can capitalize on this opportunity by incorporating innovative features, such as regenerative braking and predictive maintenance, meeting the evolving requirements of modern rail transportation.
- Train Automation
The global electro-pneumatic train brakes market can capitalize on the opportunity presented by train automation systems, as they demand advanced braking technologies for enhanced safety and precision. It integration necessitates reliable and responsive electro-pneumatic brakes, driving market growth. The increasing global focus on railway automation positions electro-pneumatic braking systems as a key enabler for modern train control and operation.
Restraints/Challenges
- The Substantial High Initial Investment
Implementation of electro-pneumatic train brake systems involves significant upfront investments, limiting adoption, especially in regions with budget constraints due to adapting a new braking system requires compliance with various safety standards and regulations, which can involve additional testing, documentation, and certification processes. Meeting these standards often adds to the overall cost of implementation.
- Resistance to Change
Traditional braking systems are deeply entrenched in the rail industry, and there may be resistance to adopting newer technologies because adapting electro-pneumatic brakes may require upgrades to the railway infrastructure to ensure proper integration and coordination and upgrading in large number is expected to act a resistance to change which slows down the market penetration of electro-pneumatic brakes.
This global electro pneumatic train brakes market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global electro pneumatic train brakes market contact the Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In February 2023, Biden administration officials said Congress should take the lead on updating brake guidelines for trains carrying hazardous materials to avoid pushback
- In September 2021, Knorr-Bremse focusing on high speed metro and rail vehicle services with new solution called CBM for breaking system
Global Electro Pneumatic Train Brakes Market Scope
The global electro pneumatic train brakes market is segmented on the basis of brake type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Brake Type
- Self-Lapping Brakes
- Retardation Controllers
- Variable Load Control
- P-Wire Control
Application
- Passenger Trains
- Freight Trains
- Metro Trains
- High Speed Trains
- Others
Global Electro Pneumatic Train Brakes Market Region Analysis/Insights
The global electro pneumatic train brakes market is analysed and market size insights and trends are provided by country, brake type and application as referenced above.
The countries covered in the global electro pneumatic train brakes market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of Middle East and Africa
Asia-Pacific dominates and is also, expected to be the fastest growing region of the global electro pneumatic train brakes market due higher rate of adoption of train transportation for communication along with increasing population and demand for economical and safe means of transportation, particularly for long distance destinations in this particular region and also, Countries such as China and India with high speed rail network in is expected to grow for the forecast period of 2023 to 2030, due to government investment on public transport and high speed rail network is increasing.
The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
Competitive Landscape and Global Electro Pneumatic Train Brakes Market Share Analysis
The global electro pneumatic train brakes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to global electro pneumatic train brakes market.
Some of the major players operating in the global electro pneumatic train brakes market are:
- DAKO-CZ, a.s. (Czech Republic)
- JSC MTZ TRANSMASH (Russia)
- Wabtec Corporation (U.S.)
- Nabtesco Corporation (Japan)
- AKEBONO BRAKE INDUSTRY CO., LTD. (Japan)
- Escorts Limited (India)
- Parker Hannifin Corporation (U.S.)
- Voith GmbH & Co. KGaA (Germany)
- Schaltbau GmbH (Germany)
- Thales Group (Paris)
- SIM RAIL GmbH (Germany)
- Uflow Automation (India)
- KES GmbH & Co. KG (Germany)
- AVENTICS GmbH (Germany)
- MITSUBISHI HEAVY INDUSTRIES, LTD (Japan)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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